Blockchain Payments Company Fnality Completes $136 Million Series C Funding Round, Led by WisdomTree

BlockBeats News, September 23rd, according to Techfundingnews report, London-based blockchain payment company Fnality has completed a $136 million Series C financing round, led by WisdomTree, with participation from Bank of America, Citigroup, KBC Group, Temasek, and Tradeweb. Existing investors include Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING, Nasdaq, State Street, and UBS.

Fnality is dedicated to leveraging distributed ledger technology to build a regulated payment system based on central bank digital currencies, aiming to address the issues of traditional wholesale payment systems being slow, expensive, and having long cross-border transaction settlement times.